Gary Friedman Of Restoration Hardware Leases 50000 SF Retail Space At 1401 Mount Diablo Boulevard

The asset involved in this transaction is a retail space located at 1401 Mount Diablo Boulevard in Walnut Creek. The total square footage of the property is 50,000. This lease pertains to the former Neiman Marcus store at Broadway Plaza, which has been long-vacant. The property is positioned as part of a new experiential retail concept that aims to enhance the commercial environment in the vicinity.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Tenant: Gary Friedman
• Tenant Business: Restoration Hardware
• Address: 1401 Mount Diablo Boulevard
• Market: Walnut Creek
• Asset Size: 50,000 square feet

Gary Friedman represents Restoration Hardware in this lease agreement. The deal allows Macerich to repurpose the long-vacant anchor store into a vibrant retail and dining experience, indicating the evolving landscape of retail spaces away from traditional department stores.